THE OREGON. DAILY JOURNAL,, 3TORTLAND, C.IZCCN
STOCK MARKET IS' SLOW (WITH TRADE INCLINED TO HOLD
TiMDING 15 BRISK; '
GAINS FRACTIONAL
. New Tork. - Oct. ' 1 4 (I. K. S.) The
stock market clewed weak today, nearly
alJ of the active issues closing at the
low levels of the day. . There waa heavy
telling- in railroad shares, especially the
St.. Paul issues, both of which broke over
points. The steel issues continued
heavy, United States Steel falling to 71
Baldwin yielded nearly 3 points ' .to
$5. - The oil issues also showed a reac
tionary tendency. i
Government bonds, unchanged; rail
way and other bonds. Irregular, ; !;
PACIFIC coast bank; statement
IT
Clearings--- This Week. Tear ago.
O.VlS.Sia.ei , HOIUUT
HolKUjr
Tneadar . . .
Wednesday
Thursday . .
i'nda . . .
t.289.368.14
6,74X.9tt.55
1143.684.47
7,908,292.89
, tutlti Banks
nnritn Friday 3 7.346,183.00
Btluea t'ridar 1.407.114.00
Taowne Banks
ClaHin Mikjr ...I 898,209.00
Balances Friday , 94.058.00
8 pot arte Banks -
Clearmgs Friday t 2.180.S87.00
Bosses Friday , $ 691,887.00
, . San Franetoe Banki
ClserUgs Friday $28,200,000.00
Oakland Banks
Clearings Friday ...8 2.861.000.00
La Aneeles Bank
Clearings Friday .819,938.718.00
WALL STREET QUOTATIONS
. Purnlahed by Over beck A Cooke Cow Board of Trad Bunding.
8 TOOK 8
Close.
Adams Express . . .-. ........... .. ' ' 47 ,
Ait. Chem. ... v. ................
Aias Kabto. ....................... 18
Akuks. Cold ....-.....,,...,.. H
Aleak Juneau ..................... r 7
Allied Chem. 45
Ailia-Ctulraera .'
Aaa.. Beet Sags s 2
AO., HotCll.. . V ! ' T
Am. Cib . Cft , i V I a v 1
do irfd. . . . V 8S
aim. Car A Fdy. 127
aa pro. . . .... ... iVBn
Western Bond &
Mortgage Co.
BUY AND SELL
INVESTMENT
SECURITIES
United States Liberty Band
Issues, State, County, City,
School and Foreign bonds, also
First Mortgages on improved
city and farm property. List of
Carrant Offering Upon Request.
- Ground Floor, x
Board of Trade Building
MAIN 113
80 FOURTH STREET
Abu Cot. Oil
do pfd. .,
Am. Orug Srnd. . . .
Am. Hide Leather.
do pfd.
Am. ice .....
Am. Intl Corp. ..........
Am.' Unseed ........ .......
Asi. Look.'. .............. .
do pfd.
Atlantic IU "
Asa. M. stasor . . . . .
Am. Bhlp CoosMiea. . . . . .
An. smelter
' do pld.. .............
Am. Snuff .. i i . . ...
Am. Steel Fdy.
Am. Sugar ..............
, do. pfd. ... ... . , ,p f . '-f
Am. Sumatra ....... i. . .
Am. TeL TL .........
Am. Tobacco ............
- 'dO SV'; .-. ...f....a
Am. Wool .......... ....
dd pfd. . .,
Am. W. P.. pfd.
Am. Kinc .
Anaconda . . . . . .
Asaoeiated Oil . . . .
Atchison . .
do pfd. ,
Atlantic Coast Una
AtL GoM W. L
Baldwin Coco.
do pfd.
Baltimore A Ohio.
do nfd. :. . ,
i Beth. Steel B" .
B. B T. ....
4 Botte C A Z.
Butte m Sup
Barnes Bros,
Caddo Oil
California Picking
California Pet. ...
do pfd.
Canadian Pacific ' . ,
Central leather . . .
Cerro de Pasco . .
Chandler motor .......
Chicago ft N. W. .................
Coco. Gt. W. ..........
- do pfd. ... .
Chili Cop. ...
Chino .... '..
a it st f. ................
do pfd. . -
Coca-Cola ....
C. A O.
Colo. F. A L .
Colo. Southern .
CoL Gas A Elee,
Colombia Graph.
Coo. Uaa
Cons, Cigars
ContL Can
Corn Prod.
Cosden OH
C. B. I. A P
do "A" pfd.
do "B" pfd.
Crucible . . . . . ..,....
do pfd. . . . .......
Cuba Cane .............
do pfd.
Cnbin-lmn. Snaar
18 4k
88
4
10
50
SSt
81
24
89 H
104
104
4
6
8
75
104 '
24
62
78
36
108
V,
74
28
.
40
,82
86
80
8
2
85
97
36
51
52
.7
.r' 4.
14
103
12
65
40
78
111
28
29
40
67
7
16
12
24
- 28
86
84
54
24
34
1
8
89
22
44
77
81
32
79
66
58
83
6
1S
10
STOCKS
Close.
.... 100
.,..18
DaL A Hfao .....,...
Doom Mums ............
Dl't L G. V............ ........ -' -
4o jpfd. . ... .... i.,4-, 1
Endicott-Johaoa . , . . ......... 4.. 63
Erie .... .4 12
do .let pfd. 17
o 2d pfd.'.-1..!.. ?18
Fsmons Players ........j., ,57
Fed. Mine. A amelt.
do pfd., . . M ., ...... . .. . .. . . , 25
eiaa ynn .
Gastoa Wm
Geo. Clears
r. ...... . .
We offer a new issue of
!.;..
Five-year. 8 Gold Bonds
Payable in U. S. Funds
To Yield 840! to 10.35
Price 99 and interest.
Rep
ublic
Chile
Chile has a perfect credit
record for almost 100 years.
Estimated per
capita wealth
$S00
Estimated per
capita . debt
$47 ;
t One quarter of issue is covenanted, to be retired at
fixed premiums each year beginning October 1, 1923.
OJdesf. In the Northwest
POKT1AKD, OKEGOJT
' ' ' Washington -
, at Third
ft
r
r
$9,500,000
REPUBLIC OF CHILE
. i , External Loan
FIVE-YEAR 8 SINKING-FUND GOLD BONDS
Date October 1, 1M1 . - nM October ; ltSI
EXEMPT FROM ALTj CHItK AJf TAXES, PEESEKT
. ASD FCTUiB . . r r,
Ceiaoi Boadi is fleaomlBatloBi of 1M as : .
THE CHASE KATIOHAX BASK OF SEW TOEK, Registrar
Republte" ofChUe.t0 &iftCt xterluU obcatlon of the
fuIr1uhIRi: iQ nni will covenant to deposit
funds with Blair At Co.. in quarterly installments, commenc
in January 1. 1923. sufnrienri tn ,ri.a.- JVrwraeiK .
85 e,iiBf Vfei's lv-
i, 1st, - in
1, 1924, - m
m s.ai '
v
Said funds are to be applied to the purchase bf the bonds in
the pen market at not exceeding the arxvere1rrJii J.
DEBF: The direct national debt reported L?Dmf
1920. toirether with eubeequent exijTws lrlT thi
ftoan. touyte about Jl94,Sr00, or abSut cSiul " ,thta
NATIONAL, RESOURCES: Chile Is enrarM larreiv in
, ?ing. arricultuni and stock raising. products iJa!
nitrate of soda, copper. Iron ore, coal and otheViiw maShf
In addition, t haa extensive timber areV The totTf wealth
h .b" ostlniated at over $3,200,000,000, or aJrnost 80 FpSJ
Price: 99 and Accrued Interest
I TlELDINn APPROXIMATVT.v
asnm lam . .at
If aeld. to aiatmrltx, 1M
IS I MaMaJ la ia-a
84 If redeeaied la 1914
Bond & Goowm 5?Tucker
UJTTTED TAItS NATIOSAt oVWK fUnSTNC
k WCt II
...........
Gen. Klee.
Gen.-; Motor .......
Glea Alden . . . , . .
Gen. Asphalt . . . . ,
Goodrich
Goodyear .....a...
Granbr .....,.
GteaS .Northern Ore ,
Great Northern pfd.
Greene Cananea
Golf 8. Steel
Hut Barker
HoustoB Oil
Hupo Motor
Illinois Central ........
Inspiration ............
fob Acr. Corp. com.,...
do pfd. .'. . .
tlntersUut Callahaa ....
Int. Harr. , , , . -i i . . . . ,
do pfd.
Int. - Mere. - llarine . . . . .
do pfd. ...........
Int.-Nickel
Int. Paper
Invincible Oil .........
Island Oil
Jewel Tea
X C. Southern .......
do pfd. ..........
Kelly Springfield ........
Kenneestt ..............
Keystone lire . . . . . . . . .
Lackawanna , Steel - . . . . , .
Lee Tire..,.,.....,....
Lehigh VaBejr.....
LorUiard . ........
Loew Theatres . . . . .s . . . .
L. i A N. .......
Maryland Oil
Mexican Petroleum . . . . .
Miami . .......
Middle States Oil ;
Midrale 8teel ..........
M. SL. A T...,. ........
do ' pfd. .....
Montana Fewer
monuromerr w ard
Missouri Pacific .
de Did-: .
Nor. Ams. ......
National Enamel
National Lead ..
Nevada Consolidated
v- II.
" .............
Norfolk A Western ........
Northern Pacifio ..........
Nora Scotia Steel .......
New Tork Central .........
Okla. Prod, ref
Ontario Silver
Ontario fc W.
Pacific Der. a
Pac. Gas A Elee 60
Pacific Oil ,. .: anu
Pan. Amn. Pet 41
do "B ...... 39
. . . f . .
124
9
89
.53
80
10
17
27
11
11
68
64
11H
96
84
7
37
T5
100
10
44
18
47
18
a -
10
23
50
40
21
10
89
26
53
147.
13
103
22
93
22
18
28
1
2
54
18
18
41
40
40
75
11
13
98
73
24
72
2
3
STOCKS
r.a
........ ...
. .......
" T . . . ...
Pent Marquette
Philadelphia Co.
Pare Oil , . . . . . .u.
Picre'- Arrow: ........
Pierce OU ...........
fMta, uosi ............
PiUs. A West Vs........
Pressed Bteel Car...............
ttuunan .,
Ray Cons,
heading .
aepiogia Bteet .,
Repubhe L A 8 . ............
Rep. : I. A 8. pfd
Rep. Motors ....
Royal Dutch Oil..'.
Kj. Stael- Svw. .
Sean Roebuck . . .
Shattack, Aria:
(eelt X. 1.
8:uclair ....... ...... .
Stand. Oil Cal. .......... .
Sloss Bhef. ..............
SoBthera Pacific
Southern Railway , ,
St. L. A 8. F
Stromberg Carb. ......... .
Stndebaker . ,
Swift A Co : :
Tens, Cop. and Chem
Texas Oil ,
Texas Pacific t . . .
Texaa Pacific C. A O......
Tobacco Products ....... ...
Tran. ContL OU
Union' Oil Del.
fnion Pacific ............
I'nited AUoy
fnited Drug
United Food Prod....
United Fruit .
United Retail Stores . . . . . . .
U. 8. Ind. Alcohol
C. S- Rubber
tdo pfd.
V. 8. Smelting ...........
D. 8. Steel
do pfd.
Utah Copper
Va. Chem. ................
do pfd.
Vanadium Steel
Virandou
Waba-h . . .
do A pfd.
Western Pac
Wtero Union
Westinghouae E. A M.
West Maryland
White Motors .
Wmys-Orerland ...........
do pfd. .-.
Wilson Packing
Woolworth ...............
Worthingtoh Pnmo ........
W. A L. E. .
.. 49
z
28
11
7
....... .., mt
........ 24
55
.98
18
9
20
. 47
81
8
- 48
82 .i
. 68
6
33
21
79
87
77
19
22
29
71
96
8
88
21
25
62
21
119
26
57
12
109
49
43
46
88
-82
78
110
.52
28
'72 :
80
i 8
7
20
20
82
44
S
85
5
26
' 83
117
4
8
Perelgm Exchange Market
-. sew Tork. Oct. 14. (U. P.l
cWg opened higher. ; SurUng, 3.88,.vap
e; franca. .0725; Vie. '.0891 1 marka, .0072;
Danish kronen, .19A5. - - -
At the close aternns was as ft tt 8S.8S;
rraacs, .0724; lire, .0394; -auttj,- ,0811 ;
DattjsA kroaea, .1902. , .
Kx-div. per cent,
t Ki-diT. per cent.
J fix-dir, 2 per cent.
Uberty Bond Sales -(Reported
by Orarbeck A Cooke Co.)
High. Low. Close.
Liberty 8s ......... 9040
Liberty 1st 4s
Liberty 2d 4s ....... 9262
Liberty 1st 4s 9815
Liberty 2d 4s ..... 9282
Liberty 3d 4a ...... 9494
Liberty 4th 4g 9314
Victory 4 9940
Victory 3 s 9938
8998
9246
9300
9250
9470
9292
9934
9984 '
9926
9280
9250
9810
9268
9478
9808
9938
9938
Studebaker expected to earn $5 a share
in current quarter.. -' ...
Loan Oversu bscribedL
Republic of Chile
5-year Sinking Fund Gold 88
. Yielding 8.40- to 10.35
One-fourth of issue to be redeemed annually by
slating fund purchase or call "by lot, viz.:
October 1, 1923, at 104, yielding 10.35
October 1 , 1924, at 1 03, yielding 9.25
October 1, 1925, at 102, yielding 8.70
October 1, 1926, at 101, yielding 8.40
Denominations T00 and 1,000. Principal and
interest payable in U..S. Gold Coin in New York
without any deduction , for Chilean 'taxes, present
or future. - " ...1'' ' f . ;, -
We offer the unsold portion of our confirmed allot
ment at original .syndicate price of 99 and accrued
interest, to. yield as shown above. .,
Wire order "collece
This offer is subject to
withdrawal or advance
in price without notice. .
Freeman,
SMITH
- aneuNO pveeat CAMP
LuMSKnMBMS ButLBIN
Fifth a no Stank , CO.
WAT B740
DOES A MUNICIPAL BOND
Which cannot be called for 20 years?
Which is a general obligation bond? .-
Which is exempt from federal income tax?
. Which is certified by the state of Oregon I
as a legal investment for savings banks,
trust funds and public funds?
Which maintains your present income for
a long term by
YIELDING 7
APPEAL TO YOU?
' If ao, phone or write us for a4tailed information
G. E. MILLER & COMPANY
NORTHWESTERN BANK BLDG.
Second v w MAIN
. . .."" ; 4195
WANTED :
BOND : SALESMEN
A bond and investment house lias an opening for 3
good bond salesmen. Handling municipal and mort
bonds, advertismg. and office help. Producers
- can be assured of rapid advancement Must have ref.
4 erences. CALL MARSHALL 240 FOR APPOINT
' triaahses; Cash- Wheat
Wteaipeg. - Oct. 14. Cash wheat No. 1
northern. 81.21; No. 2, 81.18; No. 8. 81.14:
So. 4. 81.08: No. 5. 81.00.
Every Bond Will Pay
A Premium ?
Bonds to be retired by lot '--';'.
offered at 99
ToYieldfrom8.45tol0.55
Five Year Bonds
Republic
of
Chile
These five-year bonds will ; be ? retired BY LOT be
ginning vith the second year. Bonds so called in
.1923 will pay,. 101;. those in ; 1924 103; , in 1925 will
pay 102 and in 1926 will-pay 101. ?Te money to re
tire them will come from a 25 annual sinking fund.
V Broadway and Oak
' v ' : : - WE.OFFkR v ,;v
THE UNSOLD PROPORTION OF V
$150,000F,lortgageBonds
PCM
' ' interest Payable Semi-Annually
j Bonds are leal. investments for savings banks and
' ' trust funds.
Tax free covenant clause covering federal income tax
Denominations of $100, $500. $1000
Payable 1923-1924-1925
: Delivery of these bond can be made at once
Northwestern Bond and Investment Co.
: 1212 GASCO BLDG. MARSHALL 240
P-4
Co
Cxi
mi
trh
U '
1919
li 1920
1921
1 1922
1925
L .1924
;0)
Now Callable
Northwestern Electric Co.
First Preferred
INTEREiST
ARE GOING DOWN
Good investment values are climbing.
Monty now invested will earn as money will
never earn again. " . - ; y
The last great profits of "good times" will soon be ,
gone. , Have you got your share of them?
m
Cumulative First Preferred will earn high returns
as long as there is use for
LigritHeatPpwer
'A dollar invested now will earn the same returns
as $1.50 invested at prevailing rates of five years
ago. And the balance of five years ago is quickly
approaching again. . ,
Northwestern Electric Company
7 Cumulative First Preferred
Sound, Conservative, Secured
Northweste
Electric
This Growing Business Has Paid
26 Consecutive Dividends '
SEND FOR BOOKLET USE THE COUPON
J. G. TA VAJRES, Stock Sales Manager, Northwestern Electric Company ? .
10th and Washington. Streets, Portland, Oregon , .
Please send me your free booklet, ' Hydro-Electric Dividends and How to Get Them"
4
, ;Name e...J.....v.i.... VI..
?kis Is Ka. it of a terlei ef
adTertlsemeats. -
Address , ..... . .
. . .
MENT.